World’s first composite lift unveiled in Singapore

Alister Bennett, Managing Director of Singapore Lift Company (SLC), showing the prototype lift to reporters. (Photo: SLC) Singapore Lift Company (SLC) has launched the first composite lift in the world, paving the way for the city-state to manufacture a ... ( read original story ...)

More foreign workers helping to push duty-unpaid cigarettes

SINGAPORE — More foreign workers are helping to deliver duty-unpaid cigarettes to earn money on the side, Singapore Customs said on Thursday (Jan 12), disclosing that 21 such individuals were arrested for these offences last year. These foreign workers ... ( read original story ...)

UOB economists flag two key challenges for Singapore SMEs

IN A world of increasing uncertainty and protectionism, changes in the digital space and the rise of the millennials will be key challenges for small and medium-sized enterprises (SMEs) here, said economists from United Overseas Bank at their 2017 outlook ... ( read original story ...)

VR technology makes debut at Singapore Motorshow

SINGAPORE: As if the fast cars and flashy rides are not enough to give visitors an eyeful at this year's Singapore Motorshow which opened Thursday (Jan 12) - car makers are tapping on virtual reality to give their offerings that extra bit of showroom shine. ( read original story ...)

Centre to boost production for export

Singapore-based investment holding firm Commonwealth Capital ... The company hopes to derive at least 50 per cent of its revenue from exports in the next two years - a major increase from its current share, which Mr Kwan said is "very little". ( read original story ...)

Singapore to trial truck platooning with Scania and Toyota

The Government of Singapore is at the forefront of new autonomous vehicle technology, having already overseen trials of self-driving cars, taxis, utility vehicles and buses, and is now adding trials of truck platooning concepts, which have already shown ... ( read original story ...)

Singapore welcomes robo-advisory services

Robo-advice for traditional investing Most Singapore respondents (84 percent) said they would welcome robo-advice for traditional investing, where the technology first emerged. Eighty percent of consumers in Singapore are open to robo-advice to help ... ( read original story ...)

POSB pop-up ATMs back for Chinese New Year

You can withdraw new notes for Chinese New Year (CNY) again with POSB's temporary pop-up ATMs, which are available until Jan 27, a day before CNY. These ATMs allow customers to withdraw either 50 pieces of $2 notes; 30 pieces of $10 notes or 10 pieces of $ ... ( read original story ...)

Singapore court jails Swiss banker in 1MDB-linked probe

SINGAPORE (Reuters) - A Singapore court on Wednesday sentenced the former local branch manager of Swiss-based Falcon Private Bank AG to 28 weeks in prison and a fine of S$128,000 ($89,155.12), in an investigation tied to scandal-hit Malaysian state ... ( read original story ...)

Fewer property agents, agencies in 2017

Poor market sentiment has contributed to a drop in the number of registered property agents in Singapore. (Photo: CEA) There has been a continuous drop in the number of licensed real estate agencies and registered agents in Singapore, as more agencies and ... ( read original story ...)